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**China Rejects U.S. Threats, Urges Negotiation Amid Escalating Trade Tensions**

**Beijing** – China has sharply criticized the United States’ latest tariff measures, vowing not to back down under pressure and urging Washington to resolve trade differences through negotiation. In a statement released Sunday, China’s Ministry of Commerce denounced President Trump’s new tariffs on Chinese goods as hypocritical, while defending its own export controls on rare earth elements and equipment.

The ministry emphasized that China does not seek a trade war but is prepared to face one. This response comes after Trump announced a 100% tariff on Chinese exports to the U.S. and new export controls on critical software, effective November 1, retaliating against China’s curbs on rare earth exports.

China justified its export restrictions by citing previous U.S. actions, including blacklisting Chinese firms and imposing port fees on China-linked ships, calling them “provocative and damaging.” The ministry labeled Trump’s tariff threat a “typical example of double standards,” stating that these actions have undermined the atmosphere for bilateral economic and trade talks.

While China has refrained from announcing immediate countermeasures, the dispute over rare earths remains a significant point of contention. Rare earths are crucial components in various industries, from electronics to military technology, and China dominates their global production and processing. Last week, China announced new controls on the export of technologies used for mining and processing these critical minerals.

The escalating trade tensions between the world’s two largest economies raise concerns about a potential meeting between President Trump and President Xi Jinping at the Asia-Pacific Economic Cooperation summit in South Korea later this month. The ongoing dispute has already sent ripples through global markets, negatively impacting tech stocks and causing anxiety for companies that depend on China’s dominance in rare earth processing.

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